Blog - Page 4985 of 5620

FridayDec 07, 2007 4:56 am

RedChip Awards Vertical Branding, Inc. (VBDG) a $1.70 Price Target and “Buy” Rating

Vertical Branding, Inc. announced that its revenue increased from $5.3 million to $9.1 million for the third quarter of this year, a 71% increase. The retail distribution segment contributed $5.7M of the revenue for the quarter, which is an extraordinary 373% increase compared to $1.2M for the same quarter last year. This massive jump in revenue can be mainly attributed to increasing exposure of the Company's products through retail giants including Wal-Mart, Target, CVS, Kohl's, Linens 'n Things, and others. The analyst who completed the report stated, “At a current price of $0.54, VBDG trades at a P/S multiple (ttm)…

ThursdayDec 06, 2007 5:48 pm

Pluristem Therapeutics, Inc. (PSTI.OB) Approved for Listing on NASDAQ Capital Market

Pluristem Therapeutics Inc. (PSTI.OB), a leading bio-therapeutics company, announced that NASDAQ has approved the company's application to list their common stock on the NASDAQ Capital Market. The Company's common stock will begin trading on this market December 10, 2007 under the symbol PSTI. Zami Aberman, Pluristem's President and CEO, commented, "Pluristem is proud to begin trading on the NASDAQ Capital Market system. We believe that NASDAQ is the right platform to support our business growth aspirations. I am confident that our listing will facilitate broader interest in our common stock from both institutional and individual investors." The NASDAQ listing approval…

ThursdayDec 06, 2007 5:16 pm

RemoteMDx, Inc. (RMDX.OB) Upgrades Monitoring Center Management

RemoteMDx, Inc. (RMDX.OB), focused on developing technology that monitor offenders considered a risk to society, has announced the appointment of Scott Horrocks and David McNamee to the position of technical project managers. Furthermore, RemoteMDx has also upgraded and improved the Company's criminal monitoring center, increasing the number of offenders that can be monitored under the SecureAlert system during a single session. Scott Horrocks has over 20 years of experience amongst the nation's leading technology companies. Horrocks has been employed with Electronic Data Systems (EDS) for 15 years, rising to such critical positions as Leading Project Monitor; responsible for integrating various…

ThursdayDec 06, 2007 3:30 pm

Grubb & Ellis Company (GBE) Shareholders Approve NNN Deal

Grubb & Ellis Company's (GBE) shareholders have approved an acquisition by privately-held NNN Realty Advisors Inc, a leading commercial real estate service company. Initially, both companies agreed to this share exchange in June, specifying that NNN shareholders will be granted a 59% stake in this share exchange. However, shareholders will now receive 0.88 shares of NNN common stock for each share of GBE that they own. This stock will remain using the name "Grubb & Ellis Company" and trading under the symbol "GBE" during the upcoming weeks. In spite of this, NNN will now be based in Santa Ana, California,…

ThursdayDec 06, 2007 3:30 pm

Grubb & Ellis Company (GBE) Shareholders Approve NNN Deal

ThursdayDec 06, 2007 1:10 pm

Hoku Scientific, Inc (HOKU) Announces Progress on Financing Polysilicon Plant

Hoku Scientific, Inc. (HOKU) announced that the company has signed a non-binding term sheet agreement with Merrill Lynch for the company's wholly owned subsidiary, Hoko Materials Inc. Per the terms of this agreement, Hoku will able to borrow approximately $185 million for the construction and startup for their polysilicon production in Pocatello, Idaho. However, the closing of this loan and the availability of funds is still subject to several conditions, including the completion of due diligence, the negation of loan and collateral documents, and the receipt of third part consent. "Signing this term sheet is a milestone step towards financing…

ThursdayDec 06, 2007 1:03 pm

Skinvisible, Inc. (SKVI.OB) Signs Marketing Agreement with Avani

Skinvisible, Inc. (SKVI.OB) announced that the company has signed a marketing agreement with Avani International for the company's wholly owned division in India. This development follows Skinvisible's recent announcement stating that the company was granted a comprehensive and exclusive patent for the company's Invisicare product within India. The agreement further emphasizes Skinvisible's continued strategy to quickly expand their reach around the globe. Avani will seek additional licenses in India for the treatment of acne, fungal infections, atopic dermatitis and hand sanitizers. Furthermore, Avani will also help Skinvisible facilitate clinical studies and manufacturing logistics in this division. Terry Howlett, President and…

ThursdayDec 06, 2007 12:47 pm

Mortgage Rate Freeze

President Bush has unveiled a plan to freeze interest rates for hundreds of thousands of homeowners whose mortgages are scheduled to rise in the coming months. President Bush stated, “There is no perfect solution. The homeowners deserve our help. The steps I've outlined today are a sensible response to a serious challenge.'' After his speech was delivered Thursday afternoon, Bush was initially criticized for violating free market principles. However, this private sector plan would not represent the imposition of a government solution for the mortgage crisis. “We should not bail out lenders, real estate speculators or those who made the…

ThursdayDec 06, 2007 12:22 pm

Small Cap Companies Doing Business in China

The recent U.S. market fluctuation is enough to confuse any investor. As Americans are looking to find fiscally sound investments elsewhere, more and more individuals have been looking to invest overseas. The best opportunity for such investments is through Small Cap companies doing business in China, as they possess a significant Return on Investment opportunity not evident elsewhere. Investing in Chinese companies does not require knowledge of Chinese politics or world affairs. Rather, the easiest way to invest in Chinese companies is to simply buy what the experts are buying; however, one would need to find the right expert first.…

ThursdayDec 06, 2007 12:19 pm

Edgeline Holdings, Inc. (ELHI.OB) Signs Exclusive Option Agreement with The University of Texas M. D. Anderson Cancer Center

Edgeline Holdings, Inc. (ELHI.OB) announced that the company has entered into an exclusive Option agreement with The University of Texas M. D. Anderson Cancer Center. This agreement will grant Edgeline Holdings exclusive rights to negotiate the licensing of five technologies over a nine month period. During this period, the company will be able to develop a specific market for each product, as well as negotiate the licensing needed for use of such patents. "This agreement gives us the necessary time to allow our subsidiary, Intertech Bio, to properly evaluate the potential of these technologies," stated Leonard Ivins, Chief Executive Officer…

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RedChip Awards Vertical Branding, Inc. (VBDG) a $1.70 Price Target and “Buy” Rating

Pluristem Therapeutics, Inc. (PSTI.OB) Approved for Listing on NASDAQ Capital Market

RemoteMDx, Inc. (RMDX.OB) Upgrades Monitoring Center Management

Grubb & Ellis Company (GBE) Shareholders Approve NNN Deal

Grubb & Ellis Company (GBE) Shareholders Approve NNN Deal

Hoku Scientific, Inc (HOKU) Announces Progress on Financing Polysilicon Plant

Skinvisible, Inc. (SKVI.OB) Signs Marketing Agreement with Avani

Mortgage Rate Freeze

Small Cap Companies Doing Business in China

Edgeline Holdings, Inc. (ELHI.OB) Signs Exclusive Option Agreement with The University of Texas M. D. Anderson Cancer Center

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